Aerial Mobility Startup The ePlane Company Raises $1M In Seed Funding
Ubifly Technologies Private Limited, better known as The ePlane Company (TEC), has raised $1 million as part of its seed funding round. The funding round was led by Naval Ravikant (Co-founder, Chairman, and former CEO of AngelList) and deep-tech VC firm Speciale Invest. Java Capital, FirstCheque.vc, and IIM Ahmedabad’s CIIE.CO […]
Crypto Investment Fund FD7 Ventures Launches A $250 Million Micro-Fund In India
FD7 Ventures, a Dubai-based crypto investment fund, has opened its first India office in Bengaluru and launched a $250 million micro-fund. The micro fund aims to invest in altcoin projects such as Polkadot (DOT) and Cardano (ADA). The company, in a statement, said FD7 aims to invest approximately $1-5 million […]
Bengaluru-Based Cleantech Startup Clairco Raises Rs 4.2 Cr In Angel Funding
Bengaluru-based cleantech startup Clairco has raised Rs 4.2 crore in an angel funding round led by Sanjiv Bajaj (Jt Chairman and Managing Director, Bajaj Capital) at Anicut Angel Fund. The funding round also saw participation from investors like Max Group and Angel List. Clairco plans to use the funds for […]
Mumbai-Based Private Equity Fund OAKS Asset Management Launches Second Fund With Rs500 Cr Corpus
OAKS Asset Management, a Mumbai-based India consumer-focused private equity fund, has launched its second fund, the OAKS India Consumer Fund. It is an Alternative Investment Fund (AIF) – Category II, registered with the Securities and Exchange Board of India (SEBI). The OAKS India Consumer fund will have an INR 500 […]
Edtech Startup ImaginXP Raises $1.5 Million Led By Venture Catalysts
ImaginXP, a Pune-headquartered edtech startup, has raised $1.5 million in funding led by Venture Catalysts, along with co-investors Shashank Deshpande, Krish Kupathil, Samyakth Capital, and others. The current funding round is aimed at accelerating both offline and online degree programmes. As per the startup, it aims to utilise the fresh […]
FundVice To Support Indian Startups With Rs330 Crore Fund
FundVice, an Investment banking firm, said it would support startups in India with a corpus of ₹330 crore, which includes funding from its new fund Ryoma Ventures. The firm is planning to provide over ₹150 crores for startups that are yet to raise funds and are at a very initial […]
Healthcare Robotics Startup Comofi Medtech Raises Rs 2.15 Crore From IIM Ahmedabad Incubator CIIE.CO
Comofi Medtech, a Bengaluru-based healthcare robotics startup, has raised a total of Rs 2.15 crore from IIM Ahmedabad’s incubator (CIIE.CO), JITO Angel Network, and KIIT Technology Business Incubator (KIIT-TBI). As per the startup, it plans to use the funds for team expansion, product compliance, certification, and working capital needs. Founded […]
Agritech Startup Clover Launches Direct-To-Consumer App Deep Rooted
Clover, an agritech startup, has launched its direct-to-consumer app Deep Rooted, as it moves away from its business-to-business (B2B) model to focus on a D2C business strategy. As per the startup, the new consumer brand Deep Rooted. Co is a demand-backed cultivation and supply chain solution for fruits and vegetables […]
Fintech Report: Indian Fintech Companies Receive $2.7 Billion Worth Investments In 2020
According to a report, venture capital funds pumped $2.7 billion into Indian fintech companies in 2020. Despite the COVID-19 induced disruptions, Indian fintech companies received this huge amount of investments from the VCs. Recently, India has also emerged as Asia’s biggest destination for financial technology (fintech) deals, leaving behind China […]
Delhi-Based Startup Battery Smart Raises Undisclosed Amount In A Seed Funding Round
Battery Smart, a Delhi-based startup, announced the closure of its seed round of an undisclosed amount led by Orios Venture Partners, an early-stage venture capital fund. The funding round also saw participation from angel investment platform Faad Network. Battery Smart is building India’s largest network of battery swapping stations providing […]